1647 Eighth Ave Unit Mf,...
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1647 Eighth Ave Unit Mf, Brooklyn, New York, 11215
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11
Bed
6
Bath
Sqft
Overview
Property Type
Home
Property Status
Rent
Year Built
1923
Days on RealtySearch
-
Active Status
Active
Last Sold
$4,995,000 in 1969
Located in the coveted neighborhood of Park Slope just around the corner from Prospect Park, 1647 8th Ave represents an investor with the opportunity to acquire a cash flowing hassle free investment property with 100% rent collectinos and plenty of future upside. The current rent roll is below market rents with COVID p...
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Neighborhood
1647 Eighth Ave Unit Mf is located in neighborhood in the city of New York,NY
Property History
Date
2023-11-01
Event
Listed for rent
Price
$4995000
Price/Sq Ft
Source
MyStateMLS
View More Details
Est
get pre-qualify
1647 Eighth Ave Unit Mf, Brooklyn, New York, 11215
Get Free FICO® Credit Score
View On Map
11
Bed
6
Bath
Sqft
Overview
Property Type
Home
Property Status
Rent
Year Built
1923
Days on RealtySearch
-
Active Status
Active
Last Sold
$4,995,000 in 1969
Located in the coveted neighborhood of Park Slope just around the corner from Prospect Park, 1647 8th Ave represents an investor with the opportunity to acquire a cash flowing hassle free investment property with 100% rent collectinos and plenty of future upside. The current rent roll is below market rents with COVID p...
More Details
Neighborhood
is located in neighborhood in the city of ,
Property History
Date
2023-11-01
Event
Listed for rent
Price
$4995000
Price/Sq Ft
Source
View More Details
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Home Details
Description
Located in the coveted neighborhood of Park Slope just around the corner from Prospect Park, 1647 8th Ave represents an investor with the opportunity to acquire a cash flowing hassle free investment property with 100% rent collectinos and plenty of future upside. The current rent roll is below market rents with COVID pricing on many of the units, this adds a value add component for increasing rents significantly as the leases expire. Rents in the area have seen an increase of more then 30% from a year ago, and we have just leased out unit #2B at a 37% increase from a year ago. The building is also in a proected class tax ensuring that the taxes increases will be limited.Located in Prime Park Slope Location around the corner from Prospect Park, the F/G subway lines, and a block from 7th Ave the commercial corridor which Park Slope is famous for.The building benefits from a shared yard, a tenants lounge, storage cages, and laundry allaccessable from the common basement of the building.Configured as 5 two bedroom units and one 1 bedroom unit all featuring their own hot water tanks and split unit HVAC systems minimizing the owners expenses. Please confrim with all applicable professionals as Real Street Inc makes no representation beyond what owners have relayed.
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Real Street Inc.
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Property History
Date
2023-11-01
Event
Listed for rent
Price
$4995000
Price/Sq Ft
Source
MyStateMLS
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